FURNES AS

6060 HAREID

Finances

Share Ownership

Return on Equity

−2,77 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	177 000	302 000	328 000	150 000
Net Income	−47 000	77 000	379 000	4 000
Total Assets	5 756 000	4 053 000	4 511 000	632 000
Total Equity	1 697 000	−201 000	−278 000	−371 000

Income (NOK)	2022	2021	2020	2019
Revenue	177 000	302 000	328 000	150 000
Expenditure	213 000	196 000	136 000	115 000
Operating Profit	−37 000	106 000	192 000	35 000
Financial Income	0	0	279 000	0
Financial Costs	10 000	0	11 000	32 000
Financial Balance	−10 000	0	268 000	−32 000
Earnings Before Tax	−47 000	106 000	460 000	4 000
Tax	0	30 000	81 000	0
Net Income	−47 000	77 000	379 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	883 000	1 010 000	1 097 000	516 000
Total Current Assets	4 874 000	3 043 000	3 413 000	116 000
Total Assets	5 756 000	4 053 000	4 511 000	632 000
Total Retained Equity	997 000	−902 000	−978 000	−1 071 000
Total Equity	1 697 000	−201 000	−278 000	−371 000
Total Long-Term Debt	396 000	596 000	805 000	0
Total Current Debt	3 663 000	3 658 000	3 983 000	1 002 000
Total Equity and Debt	5 756 000	4 053 000	4 511 000	632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	177 000	302 000	1 000	0
Other Income	0	0	326 000	150 000
Revenue	177 000	302 000	328 000	150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	127 000	122 000	64 000	47 000
Impairment	0	0	0	0
Expenditure	213 000	196 000	136 000	115 000
Operating Profit	−37 000	106 000	192 000	35 000
Financial Income	0	0	279 000	0
Financial Costs	10 000	0	11 000	32 000
Financial Balance	−10 000	0	268 000	−32 000
Dividends	0	0	0	0
Net Income	−47 000	77 000	379 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	825 000	932 000	1 039 000	516 000
Machinery and Plant Facilities	32 000	45 000	59 000	0
Fixtures	26 000	33 000	0	0
Total Tangible Assets	883 000	1 010 000	1 097 000	516 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	883 000	1 010 000	1 097 000	516 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	314 000	153 000	5 000
Total Current Assets	4 874 000	3 043 000	3 413 000	116 000
Total Assets	5 756 000	4 053 000	4 511 000	632 000
Total Equity	1 697 000	−201 000	−278 000	−371 000
Short-Term Group Debt	0	0	367 000	0
Total Long-Term Debt	396 000	596 000	805 000	0
Creditors	5 000	2 000	1 000	0
Unpaid Taxes	43 000	11 000	0	0
Dividends	0	0	0	0
Other Current Debt	3 615 000	3 615 000	3 615 000	2 000
Total Current Debt	3 663 000	3 658 000	3 983 000	1 002 000
Total Equity and Debt	5 756 000	4 053 000	4 511 000	632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,77 %	−38,31 %	−136,33 %	−1,08 %
Debt-to-Equity Ratio	0,23	−2,97	−2,9	−0
Operating Profit Margin	−20,9 %	35,1 %	58,54 %	23,33 %
Current Ratio	1,33	0,83	0,86	0,12
Quick Ratio	1,33	0,83	0,86	0,12
Equity Ratio	0,29	−0,05	−0,06	−0,59
Gross Profit Margin	100 %	100 %	100 %	100 %